Tech Company Financing Transactions
Fast Radius Funding Round
Fast Radius, based in Chicago, secured $48 million from UPS Strategic Enterprise Fund, Drive Capital and Hyde Park Venture Partners.
Transaction Overview
Company Name
Announced On
4/3/2019
Transaction Type
Venture Equity
Amount
$48,000,000
Round
Series B
Investors
UPS Strategic Enterprise Fund (Lead Investor) (Scott Price)
Drive Capital (Nick Solaro)
Proceeds Purpose
Fast Radius will use the funds to continue to scale up its global manufacturing footprint as well as its software development, application engineering, and sales teams.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
113 N. May St.
Chicago, IL 60607
USA
Chicago, IL 60607
USA
Phone
Website
Email Address
Overview
We are the leading provider of additive manufacturing solutions. From application discovery and launch to production-grade manufacturing capabilities, we can help you deliver new product and supply chain innovations uniquely enabled by the latest additive technologies. Additive manufacturing has been an important prototyping tool for decades.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Lou Rassey
Chief Operating Officer
Pat McCusker
Chief Scientific Officer
William King
Vice President
John Flynn
VP - Product Management
John Nanry
VP - Sales
Brian Simms
Browse more venture capital transactions:
Prev: 4/3/2019: QOREBOARD venture capital transaction
Next: 4/3/2019: Jio Health venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs